Research and Production Enterprise “Polyplastic” continues to weather the crisis, however results of the first half of this year were significantly influenced by the coronavirus pandemic.
Lanxess is continuing to weather the crisis well and is confirming its forecast for the full year. The specialty chemicals company still anticipates EBITDA pre exceptionals of between EUR 800 million and EUR 900 million for 2020.
The financial year 2019/20, which ended on 31 March, marks a special milestone in Erema's corporate history.
Total packaging industry deals for February 2020 worth $823.28m were announced globally, according to GlobalData’s deals database.
Lanxess had a successful fiscal year 2019. EBITDA pre exceptionals increased by 3.3 percent to EUR 1.019 billion. The earnings came in roughly in the middle of the range of EUR 1.00 billion to EUR 1.05 billion. In the previous year, the company generated earnings of EUR 986 million.
Research and Production Enterprise “Polyplastic” announced Full-Year 2019 Financial Results. The conference was held in its Head Office in Moscow.
After several years with strong growth, Polykemi AB continues to deliver very strong results. During the first half of 2019, the company has gained 71 new businesses.
The Engel Group saw out the 2018/19 fiscal year, which closed at the end of March, with a turnover of €1.6 billion. The injection moulding machine manufacturer and systems solutions provider headquartered in Schwertberg, Austria, once again raised its sales, achieving a 6% increase over the previous year.
On April 24, R&P Polyplastic held a conference to conclude the Q1 results. Company analysts recorded considerable increase of sales in volume growth.
Specialty chemicals company Lanxess has made a solid start to the new fiscal year despite the weakening economy.
In the first quarter of 2019, BASF Group sales rose by 3% year on year to €16.2 billion.
In 2018, the Wittmann Group again increased its sales figure compared to the previous year and thus continued its growth. Since the end of the year, however, the order situation has been showing first signs of slowing down.